On June 11, 2015, HC Piper Manufacturing Inc. (“Piper” or the “Company”) filed a voluntary assignment into bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (“BIA”) and Alvarez & Marsal Canada Inc. was appointed as trustee in bankruptcy (“A&M” or “Trustee”) by the official receiver, subject to affirmation by the creditors of the trustee’s appointment or substitution of another trustee by the creditors.

Piper was incorporated on August 9, 2006 in the Province of Alberta. Piper specialized in fabricating solvent and vapour recovery units, injection packages, pressure vessels and other products used in the energy industry.